Illinois – Cook – Chicago
(NM) Commercial bank, state charter and Fed nonmember
inactive
Illinois
Cook
Chicago
(NM) Commercial bank, state charter and Fed nonmember
inactive
15640
1939
FDIC Certificate Number: 15640
FDIC's unique number: 9919
The FDIC Field Office where an institution is physically located: Chicago
Federal Reserve ID Number: 141734
Report Date: 2010-06-30
Bank Charter Class: NM
The date of the last data update: 2010-08-23
1939-01-21 Institution established. Original name: The South Shore National Bank Of Chicago.
1978-12-19 Changed name to South Shore Bank Of Chicago .
1995-12-16 Acquired Drexel National Bank in Chicago, Illinois.
1996-01-29 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
1996-03-29 Acquired Independence Bank Of Chicago in Chicago, Illinois.
2000-11-10 Changed name to Shorebank .
2001-03-10 Acquired Shorebank, Detroit in River Rouge, Michigan.
2005-09-30 Acquired Shorebank in Cleveland, Ohio.
2006-11-20 Acquired Greater Chicago Bank in Bellwood, Illinois.
2010-08-20 Merged with government financial assistance and subsequently operated as part of Urban Partnership Bank in Chicago, Illinois.
2010-08-20 FDIC closing information for
Shorebank : http://www.fdic.gov/bank/individual/failed/shorebank.html.
Total assets: $2,166,431,000
Total deposits: $1,547,403,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-4968